The modern world we live in is only possible because of the constantly accelerating advance of new materials and the technologies for using them. Stone, copper, bronze, iron, steel, and silicon have defined the technological waves that have swept over civilizations, enabling dramatic increases in affluence and quality of life. Recently, the Digital Techno-Economic Revolution has reached the stage at which supercomputers and quantum mechanical calculations are enabling us to bypass decades of painstaking experimentation to develop new and formerly unimagined materials. How does this process work? What are the implications for our quality of life, the environment, and the economy? What opportunities and threats does it pose for managers and investors? We’ll provide the answers.